Should governments restrict short-term rentals to address housing shortages?

Should governments restrict short-term rentals to address housing shortages?

Should governments restrict short-term rentals to address housing shortages?

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Short-term rental platforms have transformed the housing market in many cities, allowing property owners to earn income from tourists while increasing accommodation options for visitors. At the same time, critics argue that large numbers of properties being converted into holiday rentals can reduce the supply of long-term housing and contribute to rising rents in already pressured markets. Restrictions can take many forms, from limiting the number of days a property can be rented to requiring licences or banning short-term rentals in certain areas. Supporters may see these measures as a way to protect access to housing, while opponents argue that housing shortages have deeper causes and that restricting short-term rentals could hurt tourism, local businesses, and property owners without significantly improving affordability.

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